Partners in Business tip: Factors that influence interest rates

People who have good credit and a stable job history get the lowest interest rates. Also, people who live at the same address for a long time usually have a better credit rating. Don’t take the first financing option you’re offered. You can negotiate loan rates just as you would haggle over the price of a truck.

The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm. It is sponsored by Ryder and Goodyear.